Vale begins load tests in the first iron ore briquette plant in Brazil

The company also aims to reduce its net direct and indirect carbon emissions (scopes 1 and 2) by 33% by 2030, as a first step towards becoming a zero-carbon company by 2050. Vale has already signed more than 50 agreements with clients to offer decarbonization solutions, which account for 35% of the company's scope 3 emissions.

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Brazilian Soybean Oil: FOB Paranagua for August

Brazil's Soybean crushing is estimated to reach a record high of 53.5 million mt in 2023 from the previous month's estimate of 53.2 million mt, driven by greater demand for Soybean Oil and meal, according to the latest release (July 20) from the Brazilian Association of Vegetable Oil Industries (Abiove).

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BRAZIL: Increased number of sugar mills seen ending 2024/25 crushing

The number of sugar mills concluding activities for the 2024/25 cane crushing season in Brazil's centre-south should increase in November, according to commodities trader Wilmar International, reports Sugaronline. ... Brazil's minister of Energy and Mining Alexandre Silveira said on Feb. 13 that it would be unreasonable for the US to apply a ...

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Cargill in Brazil cane crushing joint venture | Reuters

Cargill plans to expand cane crushing capacity in Brazil through a joint venture with local group Usina Sao Joao, to meet growing demand for ethanol, the U.S. agribusiness giant said on Monday .

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Cargill doubles earnings in Brazil to record high

Net earnings posted by the largest agribusiness company in Brazil doubled to reach a record of R$2.5 billion in 2023. Net operating income increased slightly and totaled R$126.4 billion, also a record-high figure, as a result of sales of 51 million tonnes, almost 25% higher than in 2022.

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Sugar Prices Slide as Sugarcane Crushing Accelerates in Brazil

As a supportive factor for sugar prices, the International Sugar Organization (ISO) on August 30 forecasted 2024/25 global sugar production of 179.3 MMT, down -1.1% y/y from 181.3 MMT in 2023/24.

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The soybean crushing capacity in Brazil over the next three years is expected to increase at nearly twice the rate of the last three years according to Itau BBA's Agro Consulting. Itau BBA is tracking 13 new projects that will add 37,000 tons/day to Brazil's crushing capacity between 2025 and 2027, through new plants and

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Cargill to acquire soyabean crushing plants in Brazil

According to Cargill, the transaction involves Granol soyabean and biodiesel crushing plants in Anápolis, Porto Nacional and Cachoeira do Sul, in addition to four warehouses in the states of Goiás and Tocantins. "The purchase intention is in line with Cargill's growth strategy in Brazil and Latin America," the company was quoted as saying.

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